The Bankers Investment Trust (LON:BNKR) Shares Cross Above 50 Day Moving Average – Should You Sell?

The Bankers Investment Trust PLC (LON:BNKRGet Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 133.13 and traded as high as GBX 133.80. The Bankers Investment Trust shares last traded at GBX 133.60, with a volume of 4,697,264 shares changing hands.

The Bankers Investment Trust Trading Down 0.5%

The stock has a market cap of £1.29 billion, a price-to-earnings ratio of 6.56 and a beta of 0.60. The business’s 50 day moving average is GBX 133.13 and its 200 day moving average is GBX 129.77. The company has a debt-to-equity ratio of 8.63, a current ratio of 45.31 and a quick ratio of 8.27.

The Bankers Investment Trust (LON:BNKRGet Free Report) last announced its quarterly earnings results on Thursday, January 15th. The bank reported GBX 2.25 earnings per share (EPS) for the quarter. The Bankers Investment Trust had a return on equity of 15.93% and a net margin of 94.23%.

Insider Buying and Selling

In related news, insider Ankush Nandra acquired 315 shares of The Bankers Investment Trust stock in a transaction dated Monday, December 15th. The stock was acquired at an average price of GBX 133 per share, for a total transaction of £418.95. Also, insider Richard West bought 262 shares of the stock in a transaction dated Monday, December 15th. The stock was bought at an average price of GBX 133 per share, with a total value of £348.46. 0.04% of the stock is currently owned by company insiders.

About The Bankers Investment Trust

(Get Free Report)

Over the long term, the Company aims to achieve capital growth in excess of the FTSE World Index and dividend growth greater than inflation, as measured by the UK Consumer Price Index (‘CPI’), by investing in companies listed throughout the world.

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